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Covenant relief enough for SEEK: Credit Suisse – The Australian Financial Review
Capital raising candidate SEEK looks set to make it through COVID-19 without ploughing through its debt covenants.
The company was sitting on group net debt of $932 million as of May 31 this year and had borrower group net debt of $1.15 billion.
Credit Suisse said SEEK had other levers it could pull to lower its…
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